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Published on 2/3/2015 in the Prospect News Structured Products Daily.

New Issue: BofA prices $3.45 million Accelerated Return Notes on Merrill Lynch Commodity index eXtra

By Toni Weeks

San Luis Obispo, Calif., Feb. 3 – Bank of America Corp. priced $3.45 million of 0% Accelerated Return Notes due Jan. 27, 2017 linked to the Merrill Lynch Commodity index eXtra Excess Return, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 300% of any index gain, capped at 21.9%.

Investors will be exposed to any losses.

BofA Merrill Lynch is the agent.

Issuer:Bank of America Corp.
Issue:Accelerated Return Notes
Underlying index:Merrill Lynch Commodity index eXtra Excess Return
Amount:$3,449,270
Maturity:Jan. 27, 2017
Coupon:0%
Price:Par
Payout at maturity:If index return is positive, par plus 300% of index return, subject to maximum payout of par plus 21.9%; 1% loss for every 1% decline
Initial index level:288.3839
Pricing date:Jan. 29
Settlement date:Feb. 5
Underwriters:Merrill Lynch & Co.
Fees:2%
Cusip:06053M799

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